Industry Analysis & Industry Trends
The industry has had to battle against tough external competition. Many department stores and international brands started selling children's clothing in Canada, which reduced the overall price point at which such items are sold. Additionally, significant volatility in the price of cotton has resulted in shrinking profit margins. However, the industry has slowly recovered from the financial crisis, increasing slightly over the past five years. In the next five years, per capita disposable income is expected to rise and a falling unemployment rate will support stronger industry revenue growth. Nevertheless, the industry will continue to experience intense competition from alternative retailers, threatening industry growth... purchase to read more
Industry Report - Industry Investment Chapter
As a retail industry, children's and infants' clothing stores are heavily reliant on labour due to the increased focus on customer service and other daily store operations. While the use of technology has become increasingly important, the primary aspect of retailing is providing exceptional customer service. However, a large proportion of labour in this industry is employed on a part-time or casual basis, which causes employment to fluctuate throughout the year and peak during major holidays. In addition to customer service, employees also perform restocking, maintenance and inventory duties.
Capital expenditure comes in the form of cash registers, computers, software and in-store shelving and display units... purchase to read more